Newsletter 
  INSCRIPTION Inscription | ESPACE ANNONCEURS Publicité | CONTACT Contact |PLAN DU SITE Plan


Europétrole, le portail de l'industrie du pétrole
 
 accueil | actualité française | actualité internationale | recherche | interviews | focus | actualité par entreprise | actualité pétrole/gaz de schiste 
Partager :

  • Mubadala signs two agreements to facilitate investments in priority sectors in France
    édité le 06/12/2021 - Plus de news de "Mubadala" - Voir la fiche entreprise de "Mubadala"


Mubadala signs two agreements to facilitate investments in priority sectors in France
   - Existing co-investment partnerships between Mubadala and Bpifrance is extended with an additional €4 billion joint commitment
   - A new agreement signed between Mubadala and the French Ministry of the Economy, Finance and Recovery, to potentially invest €1.4 billion in French funds
   - These agreements are part of a wider €15+ billion economic agreements signed between Emirati and French companies during the visit of French President Emmanuel Macron

During French President Emmanuel Macron’s official state visit to the United Arab Emirates, Abu Dhabi-based sovereign investor, Mubadala Investment Company (Mubadala), announced the signing of two agreements aimed at facilitating investments in sectors of mutual priority and interest in France. These two agreements are part of comprehensive economic agreements valued at more than €15 billion signed between Emirati and French companies to strengthen the strategic investment partnership between the two nations.

The first agreement between Mubadala and Bpifrance, the French public investment bank, will see the co-investment partnerships between the two companies extended by an additional €4 billion to be invested over the next ten years, with each party committing €2 billion to the French Emirati Fund Partnership (“FEF Partnership”) and the Innovation Partnership. The FEF Partnership, which is aimed at supporting, directly or through investment funds, the development of French enterprises with a proven growth potential, has been allocated €3.2 billion. Meanwhile, the Innovation Partnership, which is focused on investments in high-growth French technology companies and Tech/VC Funds, has been allocated €0.8 billion.

The second agreement, which is between Mubadala and the French Ministry of the Economy, Finance and Recovery, provides a framework for funds associated with the Abu Dhabi government to potentially invest €1.4 billion in funds based in France or with significant exposure to the French economy. The agreement will cover funds with exposure to all French economic sectors, including but not limited to key strategic sectors such as energy, semiconductors, and space.

Khaldoon Khalifa Al Mubarak, Mubadala’s Managing Director and Group CEO, said: “The strategic economic cooperation between the United Arab Emirates and the French Republic, as well as our history of successfully deploying capital alongside our partners in France, underpin these new agreements. The scale of these agreements reflects the significant opportunities we see in the French economy, which is entering a new era of innovation-led growth. Following today’s announcement, we will be able to accelerate our investments in the sectors rapidly emerging as the drivers of this growth. In doing so, we will strengthen the commercial ties between the UAE and France and help support the long-term economic growth of both nations.”

Bruno Le Maire, Minister of Economy, Finance and the Recovery of the French Republic, said: “I would like to thank Mubadala and Bpifrance for the extension of the co-investment partnership. This extension comes at a time when the funds from the first agreement are now deployed. This agreement marks the excellence and quality of our relationship. More broadly, the strategic partnership with Mubadala demonstrates France’s attractiveness and the UAE's confidence in the potential of the French economy. This is the meaning of the second agreement signed today, which provides additional investment capacity of € 1.4 billion into the French economy.”

Nicolas Dufourcq, CEO of Bpifrance, stated: “We are proud of this major step forward in our partnership with Mubadala, which was initiated in 2014. The renewal of our commitments for the next ten years, demonstrates our shared willingness to establish a long-term relationship to support French companies in a value creation approach with the support of our respective ecosystems."

These agreements underscore Mubadala’s commitment to investing in France, where it has key partnerships with a number of organizations and entities.

Bpifrance and Mubadala have built a strong relationship since the launch of the FEF Partnership in 2014 and the Innovation Partnership in 2017. In 2020, Mubadala also made a €1 billion commitment to Bpifrance’s flagship Lac1 Fund, which is focused on investing in listed French multinational companies.

About Mubadala

Mubadala Investment Company — a sovereign investor — manages a diverse portfolio of assets and investments in the United Arab Emirates and abroad, to generate sustainable financial returns for its shareholder, the Government of Abu Dhabi.


Origine : Communiqué Mubadala

Voir la fiche entreprise de "Mubadala"



Les dernières news de "Mubadala"

 
 
Emploi-Pétrole
 
Rechercher une news



française internationale








 
Les dernières news internationales


>> Toute l'actualité internationale     >> RSS
 
Recherche de news par tags

abu-dhabi acquisition adnoc aker-bp aker-solutions algeria algerie algerie alstom anadarko angola apache australia axens azerbaijan baker-hughes barents-sea bechtel bg-group bp brazil canada carburant cbi cgg chevron china chiyoda cnooc cnpc co2 commission-europeenne compressor conocophillips consommation cpdp deepwater discovery drilling e-on edf egypt engie engineering eni equinor equinor exxonmobil feed flng fluor fluxys foster-wheeler fpso fsru fugro gabon gas gaz gazprom gazprom-neft gdf-suez ge germany ghana gnl gtt gulf-of-mexico guyana halliburton hess india indonesia inpex iraq italy jacobs jgc kbr keppel licence lng lukoil lundin maersk-drilling malaysia mcdermott methanier mexico mozambique natural-gas nigeria nigeria nord-stream north-sea norway novatek offshore oman omv opec pemex petoro petrobras petrofac petronas pgnig pipeline platform production qatar qatar-petroleum qatargas raffinerie refinery repsol rig riser rosneft russia rwe saipem santos saudi-aramco schlumberger senegal shale-gas shell socar sonatrach statoil subsea subsea-7 survey tap technip technipfmc texas total tullow turbine ufip uk us vallourec vopak well wintershall wood-group woodside



Europétrole © 2003 - 2022